Property
Ayala’s P15-B mall reinvestment lifts rents, hotel rates
Ayala Land Inc.’s P15-billion investment in mall upgrades, alongside a broader push to refresh its hospitality portfolio, is beginning to deliver stronger returns as the property developer adapts to changing consumer behavior in the post-pandemic market.
Infosys extends lease with FLI, consolidates Alabang hub at Axis Tower 2
Filinvest Cyberparks Inc. (FCI), the office leasing arm of Filinvest Land Inc. (FLI), has renewed and expanded its long-standing partnership with global IT-BPM firm Infosys BPM, marking over 12 years of collaboration.
Colliers seeks VAT relief to boost Manila condo sales
Colliers Philippines is urging the government to raise the value-added tax (VAT) exemption ceiling for residential properties, arguing that targeted tax relief could improve affordability and help absorb Metro Manila’s growing inventory of unsold condominiums.
Rockwell joins expanded 4PH to widen homeownership access
Rockwell Land Corp. has joined the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, agreeing to offer preferential housing prices and incentives to qualified Pag-IBIG Fund members as the administration seeks to widen access to homeownership among working- and middle-class Filipinos.
Ayala Land’s Vermosa earns top green district certification
Ayala Land’s 752-hectare Vermosa estate in Cavite has received the highest rating under the Philippine Green Building Council’s (PHILGBC) BERDE Districts certification system, adding a sustainability credential to its bid to establish itself as a major residential and commercial growth center south of Metro Manila.
